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Tech Assets Are Underinsured

While cyber risks are growing fast, companies are insured against only 12 percent of their cyber exposures.

By Jayleen R. Heft | Updated on May 12, 2015
A new report concludes that companies of all sizes are advised to consider cyber threats as one of the fastest growing risks, with information technology (IT) assets often as valuable as their property assets. 

The 2015 Global Cyber Impact Report, independently conducted by the Ponemon Institute  and sponsored by Aon, identifies the financial impact of cyber incidents compared with tangible asset vulnerabilities. The global study, which surveyed more than 2,200 companies in 40 countries, found that while cyber is one of the fastest-growing risks for companies, businesses are protecting only 12% of those assets, compared with 51% of tangible property assets, leaving IT assets much more exposed than property assets.

Additional key findings:

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